Foreign direct investment and regional growth: An analysis of the Spanish case

Oscar Bajo-Rubio (), Díaz-Mora, Carmen and Carmen Diaz-Roldan ()
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Díaz-Mora, Carmen: Universidad de Castilla-La Mancha

No 07-08, Working Papers from Spanish Chapter of the International Economics and Finance Society

Abstract: The massive increase in foreign direct investment (FDI) inflows following the Spanish integration with the now European Union (EU) in 1986, has been one of the most important features shaping the behaviour of the Spanish economy in the last twenty years. In this paper we will try to assess the impact of FDI on regional economic growth following Spain’s entry into the EU, using data for the 17 Spanish regions. The results support the important role played by FDI in promoting productivity growth, for those regions that received higher FDI inflows over the period analyzed.

Keywords: Economic growth; Foreign direct investment; Regions (search for similar items in EconPapers)
JEL-codes: F21 O40 R58 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eec, nep-fdg and nep-geo
Date: 2007-12
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Persistent link: http://EconPapers.repec.org/RePEc:aee:wpaper:0708

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